Hey guys
INMHO we re going to have a serious crisis in the middle east 2nd to 3rd quarter 09 esp the way elections in israel are shaping up . This will have a huge effect , again my opinion only ,on oil prices
Reason
Iran is very close to having full nuclear capacity ( 10-14 months ) and again INMHO any diplomatic attempts to come to some sort of arrangement will fail as will any economic sanctions ( ACHMINAJAD is a madman worse than bin laden or the late ayatollah khomeni ) will fail.
Israel will then have no choice , inmo , to act as it did in Iraq (imagine if it hadn t ) in 1982 and do the dirty work for west and take decisive action.
If this happens we could well see a large spike in POO. I ve taken positions in CVN, OEL and AWE.
Does anyone have a view on above. Please DYOR
- Forums
- ASX - By Stock
- charts predict: oil may whip back up to $100
charts predict: oil may whip back up to $100, page-10
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
3DA
AMAERO INTERNATIONAL LTD
Hank Holland, Executive Chairman and CEO
Hank Holland
Executive Chairman and CEO
SPONSORED BY The Market Online